Walmart could raise prices when Trump takes office [Yahoo! Finance]
Stanley Black & Decker, Inc. (SWK)
Last stanley black & decker, inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
The retail giant's CFO told CNBC that if the tariffs Trump spoke about on the campaign trail are actually implemented, prices on some products may be impacted. “We never want to raise prices,” executive John David Rainey confessed Tuesday. “But there probably will be cases where prices will go up for consumers.” Other companies that have expressed a potential need to raise prices to offset tariffs include AutoZone, Stanley Black & Decker and Columbia Sportswear, according to Business Insider. The incoming president has proposed adding up to 20% to the cost of U.S. imports to raise money for the federal government. Companies bringing in goods from China could pay as much as double what they're currently spending on those items. Fashion brand Steve Madden said right after Trump was elected that it had a plan in place to move goods out of China and into factories in Cambodia, Vietnam, Mexico and Brazil so the impact of tariffs on imports wouldn't be as severe, according to CNBC.
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SWK
News
- Stanley Black & Decker Announces Upcoming ConferencesPR Newswire
- Construction and Automotive Surge Propel BENELUX Power Tool Market to Projected USD 1,944.8 Million by 2034 with 5.2% CAGR | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Our brands portfolio is the best in the industry, says Stanley Black & Decker CEO Donald Allan Jr. [CNBC]CNBC
- Stanley Black & Decker CEO on potential Trump tariffs: Tool prices will go up [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nvidia Q3 results, Stanley Black & Decker CEO: Asking for a Trend [Yahoo! Finance Canada]Yahoo! Finance Canada
SWK
Earnings
- 10/29/24 - Beat
SWK
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- SWK's page on the SEC website